Australia is known for having some of the best horse racing and tracks in the world. Horses race in particular categories when they are young, grouped by age and sex predominantly. The Golden Slipper is run at Rosehill Gardens in Sydney and is a race for 2yo horses. It is the richest 2yo race in the world with $5m in prizemoney on offer.
Australia’s love for Horse Racing
Australians love horse racing. They watch it on television and flock to the racetrack for the big race days. It is the excitement of the race and atmosphere that brings the crowds back each year. Australians also love a bet, and horse racing provides a number of products to capture the interest of a hardened bettor or a recreational gambler.
Golden Slipper race event
Among the many racing events in Australia, the Golden Slipper is the most popular and lucrative race for 2yo horses prominent group 1 racing event. The race began in 1957 and is run over 1200m at Rosehill and is a feature of the Autumn Racing Carnival. The prize money is $5 million with a $1 million bonus for the horse that has raced and won nominated lead-up races.
Additionally, the prize money has been increased to $5 million this year. The Australian Turf Club also offers $1 million as a bonus to the winning horse, having won the featured pathway races.
Betting on Golden Slipper
The Golden Slipper created a lot of interest with punters and was the third-highest betting turnover race in 2021. The below factors need to be considered before placing a bet:
- Short odds: Horses with a higher chance of winning are the short odds. Horses who have raced well in the past tend to start at short odds.
- Long odds: Horses that are not given a big chance of winning start at long odds. The astute punter can see reasons why a horse at long odds may be able to improve sharply and win, leading to a big payout.
It is important that punters make their own decisions when betting on the Golden Slipper. A race of its stature gains a lot of media attention and conflicting opinions. Bettors should take note of opinions and then make up their own minds.